How Budget Surpluses Change Federal Debt
Description:
This report discusses how budget surpluses change federal debt. The answer involves understanding what drives changes in the two components of total federal debt, debt held by the public (which includes debt held by individuals, pension funds, banks, and insurance companies, among other entities) and debt held by government accounts (almost all in federal trust funds, such as Social Security).
Date:
January 4, 2001
Creator:
Winters, Philip D.
Item Type:
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Partner:
UNT Libraries Government Documents Department